Shares of General Electric Co. (GE) sank 3.5% in active midday trading Friday, to put them on track to close at a 3 1/2-month low. Volume was 37.4 million shares, enough to make the stock the most actively traded on the NYSE. The stock has now lost ground in seven of eight sessions ( ) since GE reported second-quarter results ( ) before the July 31 open, and has shed 13% during that stretch. In comparison, the Dow Jones Industrial Average has lost 1,068 points, or 3.9%, over the past eight sessions.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 09, 2019 11:48 ET (15:48 GMT)
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